Bebo launches new video chat feature

Bebo, the British-founded social network, has launched a new video chat feature in order to lure more users to the once hugely popular site.

'bChat' will allow Bebo users to talk to each other via their webcams and hopes to introduce new people to one another who have similar interests(this makes us remind of Chatroulette). bChat is powered by vChatter, a social video chat platform, which connects random Bebo users based on their social preferences, geography, age and interests via webcam.

Notably, AOL sold Bebo earlier this year to Criterion Capital Partners for less than 10 million dollars, despite paying 850 million dollars for it only two years earlier, to UK developer Michael Birch and his partner Xochi.

Adam Levin, Bebo's chief executive, has been ramping up investment in the site since his company purchased it just over five months ago and hopes new features like bChat will help the site retain former users and attract new ones. The CEO is hopeful of having a co-existence with Facebook. --------

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